Senior Analyst - RTR

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.

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Department: RTR – Internal Controls

Job Summary:

The Senior Analyst - 40 is responsible for providing accurate and timely data for fiscal reporting, ensuring financial information is complete and compliant with standards while collaborating with other departments, working under direct supervision. The role analyzes complex financial data with respect to Manual Journal Vouchers to identify trends and opportunities, develops concepts and techniques for improving accounting processes, and executes complex accounting tasks. The role communicates with stakeholders to provide updates, report findings, and evaluates internal control processes for effectiveness and compliance. The role helps to create detailed financial reports and presentations, and monitors accounting processes, identifying areas for improvement, and implementing changes to enhance efficiency and accuracy.

Job Responsibilities:

• Provides accurate and timely data for fiscal reporting and other requirements, ensuring all financial information is complete and compliant with internal and external standards, collaborating with other departments to gather necessary data.

• Responsible for execution of SOx controls pertaining to Manual Journal process.

Analyzes complex financial data to identify trends, discrepancies, and opportunities for improvement, using analytical skills to make informed recommendations for new procedures and processes, working under direct supervision.

• Develops concepts and techniques for improving accounting processes, leveraging expertise to contribute to the development of best practices, sharing insights and innovations with the team.

• Executes complex accounting tasks creatively and effectively, applying knowledge and skills to resolve issues independently, taking initiatives to address challenges and find solutions.

• Communicates with internal and external stakeholders to provide updates on financial status, report findings, and offer recommendations, ensuring clear and concise communication to facilitate understanding and action.

• Evaluates internal control processes to ensure they are effective and compliant with standards, implementing changes as needed to strengthen controls and reduce risk.

• Creates detailed presentations for management, summarizing key findings and providing actionable insights, ensuring reports are accurate, comprehensive, and easy to understand.

• Identifying areas for improvement and implement changes to enhance efficiency and accuracy around Manual Journal process.

• Collaborate with Control SMEs or BPOs where escalations or subject-matter expertise is required.

Qualifications & Skills:

• Bachelor’s degree in accounting, Finance, Business Administration, or related field.
• 3–4 years of experience in accounting process, Journal processing, SOx control execution
• Working knowledge of ICoFR/SOX and familiarity with tools like Blackline, SAP, Audit board, etc.
• Strong data handling and reporting skills (Excel, Word, PowerPoint preferred).
• Excellent communication and interpersonal skills to collaborate across global teams.
• Ability to handle confidential information with integrity and discretion.

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.

Onsite roles require full-time presence in the company’s facilities.

Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.